Altcoins
LINK - Swing Trade SPOT 📈📉Hi Traders, Investors and Speculators of Charts📈
BTC had recently formed a new ATH, and we're a few weeks away from the BTC halving. I'm expecting corrections (highly overdue) across the markets up until the halving.
Chain-link still has huge upside potential:
But this post is specifically for the short term. I'm looking at a swing trade (spot) here because it is already a high-risk trade , and shorting when the macro is clearly bullish is VERY risky business .
Make sure you check out yesterday's update on BTC:
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CryptoCheck
COINBASE:LINKUSD BINANCE:LINKUSDT
ICP Huge Accumulation - Target ~$55ICP is in the last stages of a giant accumulation here. We just came back down for the BU/LPS stage before the markup. The measured move would put this up near $55. This is going to be a gem too, along with Tezos and most of the other alts right now that are about to take off!
FRIGHTENING DEVELOPMENT ON MARKETIn the 4-hour logarithmic chart, the Dollar index has completed a 'head and shoulders' (Tobo) formation and a horizontal resistance breakout. It is currently retesting. If it closes the week like this, there could be a deepening correction in BTC and Altcoins next week.
We will follow up.
This is not investment advice.
HOW To Make Money on a #ALTCOINAltcoins provide the most bang for your buck!
But very few people actually have a plan.
Apart from "I wanna make millions on S coins"
Or have a plan, but fail to stick to their plan, once the dopamine high of a bull market is in full effect!
This is based on the assumption that you already done the work, during the past year in accumulating your favourite #Altcoin
If you are just entering the market now you should be looking for coin's that had a nice pre bull market pump, and is now retesting previous accumulation zones. Basically flipped resistance into support.
This will likely halve the number of X's that you may see of course.
Some variation of this idea has been floating around for many many years.
And by no means is it a original strategy.
The only caveat being the 2017 altcoin bull markets was far easier than the 2021 edition.
There is more competition for attention than ever before.
And as we saw a whole swathe of alts did not pump as hard as certain categories or ecosystems.
Hope this helps
And I hope it encourages you to draw up a variation of this plan
for your favourite coins.
Best of luck.
Others.D v USDT.d --- Shitcoinz v Stablecoin ratio inv H&SPretty simple ratio to keep an eye.
Others is the crypto index minus the top 10
So our blessed Shitcoins
Pulled up this ratio today and what do you know
we have a inverse Head & shoulders that will help us for profit taking levels.
Best of Luck
ALTs to run hard into April / May is what I have been calling for.
So maybe we get to the linear target
.... Pause....
And then finish the job end of the year.
best of luck.
Bitcoin Fight with Bear & Bull#BITCOIN SUNDAY UPDATE
- CRYPTOCAP:BTC is gripping the $61,000 support like a champ
- But there's a hurdle at $67,300
- Will it soar or stumble?
If #BTC can't leap over $67,300, watch out below for $50,000 & $42,000
Break that barrier, and we're on to NEW ATH
Stay tuned & trade wisely.
ROSE - Catch the Others? Hi, this is my new update for ROSE.
In the last 12 days ROSE has fallen over 30% to test the support level 0.12-0.13 and at the same time we have 100D SMA in the support zone. I expect we are going to hold this level as long as BTC holds 60-63K.
As you see in the volume area, when the price goes up there is more volume and when the price goes into the correction the volume is down. This shows that we are in a bullish momentum.
The orange line shows the Others Market-CAP (Altcoins above 10) and if we want to catch the Others market-cap then we have to reach 0.29-0.32 levels and I expect we can do that if we break the resistance around 0.18-0.21.
Do you think ROSE can catch the Others market cap?
📈Checkout the dominance, AltSeason is close!📉CRYPTOCAP:BTC.D
BINANCE:BTCUSDT
There are two scenarios for the start of a bullish rally in altcoins.
Scenario 1: If Dominance fails to break above the 53.35 level, it will move towards the bottom of the pitch-fork. In that case, we will have a short but relatively intense and exciting rally in altcoins.
Second scenario: With Dominance stabilizing above the level of 53.35, the rise of Dominance to the level of 57 will cause Bitcoin to continue its rally and test the level of $70,000 and above. Further, by placing Dominance between two blue resistances and even falling to the bottom of the pitch-fork at the same time as Bitcoin stabilizes at around 65-70 thousand dollars, it can involve altcoins in a longer-term rally than the first scenario.
Note: This week, after a short period of time when I had little analytical activity on this page, I plan to introduce and analyze my suggested altcoins in this rising market. We will have fun plans soon.
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Understanding When XRP Will MOON- Part 2 MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
Even tho the bull market is here XRP has not mooned yet . The ALTCOIN market has just hit a critical level , when this happens XRP can start its move higher . This needs to be watched carefully.
XRP To The MOON
Please watch the video for more information